The repository will allow clients to access asset reference data, which will assist them in achieving straight-through processing (STP). According to JP Morgan, the repository, known as Global Market Reference Data (GMRD), works by centralizing the capture, cleansing and delivery of asset indicative data. It establishes data over Investor Services' core application, which leads to great operating efficiency. It supports 4.5 million securities and actively maintains 1.2 million.

"The successful implementation of GMRD demonstrates our continuing commitment to provide state-of-the-art technology that facilitates straight-through processing for clients and offers them the best data quality and consistency in the marketplace," said Neil Henderson, funds services and securities processing executive for Investor Services.

Fox-Pitt Kelton Ltd., a specialist global investment bank, has bought an enhanced version of FIX.NET Server 2002 produced by SolutionForge.

FIX.NET 2002 will be used by FPK to provide a connection between FPK and the sales trading desks of the global broker-dealer's institutional clients. It will also improve STP.

"FPK is reviewing its strategy for processing trades from front to back office with the aim of making it more efficient while maintaining client services of the highest standard, said Sumati Kumar, director of operations at Fox-Pitt, Kelton. "Our selection of Solution Forge's FIX.NET Server 2002 is a direct result of this review and using the system will allow us to make sure our services match the best available in the marketplace."

Fox-Pitt Kelton is an investment bank specializing in financial services worldwide. SolutionForge serves the international financial community with a specific focus on STP solutions.

"We are delighted to see Standard Bank continue to implement Spectrum in its dealing rooms around the world," said Les Khan, general manager of Financial Software Systems. "With the implementation of the interest rate modules of Spectrum following the implementation of the Spectrum foreign exchange modules last Fall, Standard Bank Asia now has a comprehensive Treasury System providing integrated position management, P&L reporting, risk analysis and back-office processing."

Housing Development Finance Corporation (HDFC) Bank Limited, India, has gone live with TreasuryTrader, a high-volume trading system for foreign exchange and money markets created by SunGard Trading Systems.

HDFC will use Treasury Trader's trade maintenance functionality to handle pre- and partial-settlement of FX trades.

"We work very closely with HDFC to ensure that the complex solution they required was delivered as promised," said Jim Davis, president of SunGard Trading Systems' Global Markets operating unit. "This project was a great opportunity for us to expand our coverage of the growing financial marketplace in India."

Prudential Financial Inc has signed a license agreement with PFS TraderTools LLC, a provider with middleware technology, to utilize PFS's DS2000, Publish-Subscribe messaging technology as well as their parent pending technologies, Trillian, worldwide.

PFS's technologies eliminate the need for third party distribution systems. Developers can also cost effectively integrate DS2000 and Trillian into their current systems.

"With Trillian and DS2000 we can handle multiple data sources, integrate quickly and scale to many thousands of users," said Scott Mehlman, first vice president and manger of technology at Prudential Securities. "This technology also allows us to stream data through firewalls without requiring our customers to refresh or download."